Miners starved of M&A set to see deals revive following cutbacks

June 9, 2016

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The metals and mining world might be about to see a resurgence in deal-making.

Mergers and acquisitions in the sector reached a decade-low last year, accounting for 3% of transactions across all industries, Macquarie Group said. As long as commodities don’t plunge, weaker prices in the second half may spur more deals as buyers gain the upper hand and sellers become more desperate, according to the bank’s survey of more than 60 companies.

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